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EUR/USD Forecast November 5-9 - Comeback from the double bottom but far from safety

From forexcrunch.com

EUR/USD lost a lot of ground on the ongoing Italian crisis but bounced back quite impressively as the greenback retreated in the wake of November. Volatility woke up as well. Will this continue? The upcoming week features GDP figures and quite a few other indicators. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The Euro was under pressure from several fronts. German Chancellor Angela Merkel announced she will step down from the leadership of her party following the defeat in regional elections in Hesse. Italy reported stagnation in its GDP report for Q3. The ... (full story)

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  • Category: Fundamental Analysis